Montrose Environmental Group, Inc.

Montrose Environmental Group, Inc.

MEG
Montrose Environmental Group, Inc.US flagNew York Stock Exchange
15.64
USD
+1.14
- -
565.70MMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
9.03
11.18
19.92
20.45
18.34
20.77
21.06
23.65
23.13
Basic EPS, GAAP
-0.83
-1.13
-5.42
-1.56
-1.62
-1.57
-2.22
-0.14
0.12
Free Cash Flow per Basic Share
-0.33
0.59
-0.39
1.12
0.35
0.77
-0.05
2.58
2.01
Dividend per Share
- -
- -
0.42
0.61
0.55
0.55
0.33
0.12
0.04
Book Value per Share
-1.95
-3.08
-7.42
-5.53
-6.05
-7
-8.25
-7.79
-8.06
Tangible Book Value per Share
-12.5
-12.24
-27.02
-11.58
-10.3
-11.21
-5.27
-4.04
-4.12
Basic Weighted Avg Shares
21
21
16
27
30
30
33
35
36
Sales/Revenue/Turnover
189
234
328
546
544
624
696
831
821
Operating Margin (%)
-5.72
-3.23
-3.07
2.73
-5.74
-4.54
-5.2
1.52
1.93
Depreciation Expense
24
28
37
45
47
46
53
51
50
Net Income, GAAP
-16
-24
-58
-25
-32
-31
-62
-1
6
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
107.51
66.37
Profit Margin (%)
-8.73
-10.07
-17.65
-4.63
-5.84
-4.94
-8.95
-0.1
0.71
Working Capital
12
- -
23
146
136
75
79
72
99
LT Debt
71
145
170
184
178
182
247
330
360
Total Equity
7
-26
137
317
313
321
446
451
440
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
-0.12
0.68
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
-4.93
22.62
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
28
29
28
LT Borrowings
302
277
310
LT Finance Leases
39
53
50
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
35
36
36
Market Capitalization
956
872
777

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
256
240
217
Cash, Cash Equivalents & STI
7
11
10
Accounts Receivable, Net
165
155
118
Inventories
3
3
3
Total Current Liabilities
154
168
118
Payables & Accruals
64
77
62
ST Debt
28
29
28
Deferred Revenue
14
15
10

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
34.46%
1.1%
Free Cash Flow
- -
-1,274.45%
-5,757.54%
Net Income, GAAP
- -
-6.08%
-98.65%
Sales/Revenue/Turnover
- -
22.32%
19.26%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
155
173
179
189
696
2025
178
235
225
193
831
2026
169
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.53
-0.39
-0.39
-0.9
-2.22
2025
-0.64
0.48
0.24
-0.23
-0.14
2026
-0.35
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.17
0.08
0.08
0.33
2025
0.08
- -
0.04
- -
0.12
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Vijay Manthripragada
Full Time Employees
3,400
Sector
Industrials
Industry
Waste Management
Address
5120 Northshore Drive North Little Rock AR United States of America 72118
IPO Date
Jul 23, 2020
Business
Montrose Environmental Group, Inc. (NYSE: MEG) provides integrated environmental services, including scientific advisory and consulting for assessments, permitting, emergency response, toxicology and regulatory compliance; comprehensive air, water, soil, stormwater, wastewater, drinking water and multi-media laboratory testing and analysis with capabilities in leak detection, source monitoring, PFAS, dioxins and emerging contaminants; and engineering, design, implementation, operations and maintenance for remediation, contaminated site reclamation, water treatment, biogas production and renewable energy from waste. The company operates through three segments—Assessment, Permitting and Response; Measurement and Analysis; and Remediation and Reuse—serving oil and gas, utilities, manufacturing, chemicals, transportation, aerospace, telecommunications, renewables, mining and government clients including federal agencies such as the U.S. Department of Energy, U.S. Air Force and U.S. Army Corps of Engineers. Founded in 2012 and headquartered at 5120 Northshore Drive in North Little Rock, Arkansas, Montrose maintains over 90 offices and 3,500 employees across the United States, Canada, Europe and Australia. Recent developments include a five-year contract with a major global energy company for environmental restoration of legacy oil and gas sites in Western Canada; renewal of a three-year $3 million laboratory testing agreement with the U.S. Department of Energy's Savannah River Site for Superfund remediation; selection for a $1.5 billion U.S. Air Force MATOC contract for environmental remediation; full redemption of Series A-2 Preferred Stock in July 2025; assistance securing over $45 million in 2025 U.S. EPA Brownfields grants; acquisitions of Paragon Soil & Environmental Consulting and Matrix Solutions in Canada, Origins Laboratory, ETA, Two Dot Consulting, Epic Environmental in Australia and others to expand consulting, laboratory and engineering capabilities; partnerships such as with Ideagen DevonWay for EHS/ESG solutions, Sensors Inc. for methane quantification technology and Waste Connections for PFAS leachate treatment; and record Q2 2025 revenue of $234.5 million with raised full-year guidance to $810-$830 million.

Company News

APIChat
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